IBT Staff Reporter

Google has proposed remedies to close an Italian antitrust probe into whether the Internet search giant coerced local newspapers into posting stories on its news website, the watchdog said on Friday.

Parisian authorities are trying to stop a mass cocktail party organized over the Internet and planned for the Eiffel Tower grounds, after a reveler died on Thursday at a gathering of 10,000 people in western France.

Stocks fell on Friday on a combination of weak earnings from retailers, Senate backing for limits on credit card fees and concerns over the sustainability of European public debt.

More technology deals are on the way as the industry recovers from the recession, but Microsoft Corp is not poised to make a big deal soon, its chief financial officer told Reuters on Friday.

American industry learned something back in the 1970s when it was getting overpowered by the Japanese. It learned not to make assumptions about competitors and customers.

Our recessionary economy has heightened the stakes in the battle for career security and advancement.

Macy's Inc Chief Executive Officer Terry Lundgren told shareholders that rebounding sales at the retailer's upscale Bloomingdale's chain and a focus on private brands and exclusives had spurred results of late and would continue to do so.

When the economy gets rocky, it is game time for manufacturing leaders. Leading fearlessly when volumes are strong is one thing, but it takes real skills to lead during tough times. The recent economic downturn has many manufacturing plants reeling.

With high vacancy rates and extremely low prices, the commercial real estate market is going through tough times. For many practitioners and brokerages today, it's more about survival than success.

U.S. stocks fell, with the S&P 500 and Nasdaq off 2 percent or more on Friday on worries that heavy euro-zone debt loads could stymie a global recovery, while Visa and MasterCard led the financial sector lower after the U.S. Senate backed limits on card fees.

U.S. retail sales rose and industrial production powered ahead in April, further evidence the economic recovery was strengthening and broadening out.

Advanced economies face a herculean task to restore public debt to pre-crisis levels, and failure to do so will drive up borrowing costs and curb economic growth, the IMF warned on Friday.

An appeals court that specializes in patent lawsuits vacated a Tivo win in a patent battle with Echostar on Friday, sending Tivo shares down more than 38 percent.

Shares of Hauppauge Digital Inc soared as much as 55 percent Friday, a day after the company said its products can now stream live TV over the internet for Apple products.

Stocks tumbled on Friday on worries that heavy euro-zone debt loads could stymie a global recovery, while Visa and MasterCard led the financial sector lower after the Senate backed limits on card fees.

The family travel blog of the sole survivor of a Libyan plane crash that killed 103 people has turned into a condolence register, with dozens offering sympathy to the nine-year-old Dutch boy orphaned by the crash.

U.S. consumer sentiment edged up in May from April, in line with forecasts, while one-year inflation expectations were at their highest since June 2009.

Stocks tumbled on Friday on worries that heavy euro-zone debt loads could stymie a global recovery, while Visa and MasterCard led the financial sector lower after the U.S. Senate backed limits on card fees.

Sales at U.S. retailers rose more than expected in April, lifted by a surprise gain in motor vehicle purchases, government data showed on Friday.

Gold hit record highs near $1,250 an ounce in Europe on Friday as investors bought the metal to protect against sovereign risk in the euro zone and instability in the foreign exchange markets.

(Reuters) - Parents worried about putting very young children into daycare got some reassuring answers on Friday -- children who have high-quality care see academic benefits lasting into high school.

Sales of video game hardware and software plunged 26 percent in April, industry tracker NPD said on Thursday, one of the largest declines over the past decade.

Beijing could have another window of opportunity over the next few days to make its long-awaited move on the yuan, in the wake of strong Chinese data and ahead of a Sino-U.S. summit.

Sales at U.S. retailers rose more than expected in April, raising cautious optimism that a recent bounce in consumer spending can be sustained.

Wall Street was poised to open lower on Friday, weighed by worries about the impact of heavy euro-zone debt loads on the global recovery.

The euro zone deficit crisis will prompt fiscal cuts that will hit demand for exports from central and Eastern Europe and undermine the region's recovery, the EBRD said on Friday.

Britain's Prudential Plc is expected to outline divestments of some Asian assets in its upcoming rights offering prospectus in an effort to appease shareholder concerns about its planned AIA acquisition, a source familiar with the process told Reuters on Friday.

Stock index futures fell on Friday on worries about the impact of heavy euro-zone debt loads on the global recovery, while investors were cautious ahead of retail sales data.

Sony Corp shares fell nearly 7 percent in their biggest tumble in a year after the electronics maker disappointed investors with a cautious forecast and worries mounted the euro could dull the pace of its recovery.